Q1 EPS Forecast for T. Rowe Price Group Lifted by Analyst

T. Rowe Price Group, Inc. (NASDAQ:TROW) – Investment analysts at Zacks Research upped their Q1 2026 earnings per share estimates for shares of T. Rowe Price Group in a research note issued on Friday, November 21st. Zacks Research analyst Team now anticipates that the asset manager will post earnings per share of $2.42 for the quarter, up from their previous estimate of $2.27. Zacks Research has a “Strong-Buy” rating on the stock. The consensus estimate for T. Rowe Price Group’s current full-year earnings is $9.29 per share. Zacks Research also issued estimates for T. Rowe Price Group’s Q2 2026 earnings at $2.49 EPS, Q3 2026 earnings at $2.57 EPS, Q4 2026 earnings at $2.65 EPS, Q1 2027 earnings at $2.51 EPS, Q2 2027 earnings at $2.54 EPS, Q3 2027 earnings at $2.53 EPS and FY2027 earnings at $10.04 EPS.

T. Rowe Price Group (NASDAQ:TROW) last issued its quarterly earnings data on Friday, October 31st. The asset manager reported $2.81 EPS for the quarter, topping the consensus estimate of $2.55 by $0.26. T. Rowe Price Group had a net margin of 28.72% and a return on equity of 19.77%. The business had revenue of $1.89 billion during the quarter, compared to analyst estimates of $1.88 billion. During the same period in the prior year, the business earned $2.57 EPS. The company’s revenue for the quarter was up 6.0% on a year-over-year basis.

A number of other research firms also recently weighed in on TROW. Morgan Stanley upped their target price on T. Rowe Price Group from $125.00 to $126.00 and gave the stock an “equal weight” rating in a report on Monday, October 27th. Deutsche Bank Aktiengesellschaft lifted their price target on T. Rowe Price Group from $112.00 to $113.00 and gave the company a “hold” rating in a research report on Friday, November 14th. JPMorgan Chase & Co. increased their price objective on T. Rowe Price Group from $109.00 to $111.00 and gave the stock an “underweight” rating in a report on Monday, November 3rd. TD Cowen raised their price objective on T. Rowe Price Group from $108.00 to $112.00 and gave the company a “hold” rating in a research report on Monday, November 3rd. Finally, Jefferies Financial Group boosted their target price on shares of T. Rowe Price Group from $104.00 to $106.00 and gave the company a “hold” rating in a report on Tuesday, October 7th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus target price of $109.38.

T. Rowe Price Group Trading Up 3.1%

Shares of TROW opened at $100.31 on Monday. T. Rowe Price Group has a 1-year low of $77.85 and a 1-year high of $125.81. The firm’s 50-day moving average price is $103.16 and its 200-day moving average price is $101.67. The firm has a market capitalization of $21.89 billion, a price-to-earnings ratio of 11.21, a PEG ratio of 5.61 and a beta of 1.51.

Hedge Funds Weigh In On T. Rowe Price Group

A number of hedge funds have recently bought and sold shares of TROW. AE Wealth Management LLC bought a new position in shares of T. Rowe Price Group in the first quarter worth approximately $202,000. Pinnacle Associates Ltd. increased its position in shares of T. Rowe Price Group by 3.4% during the first quarter. Pinnacle Associates Ltd. now owns 15,267 shares of the asset manager’s stock valued at $1,403,000 after acquiring an additional 500 shares in the last quarter. Avantax Advisory Services Inc. raised its holdings in T. Rowe Price Group by 20.8% in the 1st quarter. Avantax Advisory Services Inc. now owns 6,142 shares of the asset manager’s stock worth $564,000 after acquiring an additional 1,059 shares during the last quarter. Mediolanum International Funds Ltd lifted its position in T. Rowe Price Group by 468.1% in the 1st quarter. Mediolanum International Funds Ltd now owns 84,425 shares of the asset manager’s stock valued at $7,731,000 after acquiring an additional 69,565 shares in the last quarter. Finally, TD Asset Management Inc lifted its position in T. Rowe Price Group by 0.3% in the 1st quarter. TD Asset Management Inc now owns 85,806 shares of the asset manager’s stock valued at $7,883,000 after acquiring an additional 254 shares in the last quarter. Institutional investors own 73.39% of the company’s stock.

Insider Activity at T. Rowe Price Group

In other news, Director Robert F. Maclellan sold 3,090 shares of the stock in a transaction on Monday, September 22nd. The stock was sold at an average price of $105.01, for a total value of $324,480.90. Following the sale, the director directly owned 47,335 shares of the company’s stock, valued at approximately $4,970,648.35. This represents a 6.13% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 2.00% of the company’s stock.

T. Rowe Price Group Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 30th. Shareholders of record on Monday, December 15th will be issued a $1.27 dividend. This represents a $5.08 annualized dividend and a yield of 5.1%. The ex-dividend date of this dividend is Monday, December 15th. T. Rowe Price Group’s payout ratio is 55.34%.

T. Rowe Price Group Company Profile

T. Rowe Price Group, Inc is a publicly owned investment manager. The firm provides its services to individuals, institutional investors, retirement plans, financial intermediaries, and institutions. It launches and manages equity and fixed income mutual funds. The firm invests in the public equity and fixed income markets across the globe.